Saxo Markets – Charm

Stock Losses Extend on Tariffs, Swiss Franc Drops: Markets Wrap

(Bloomberg) — A global stock selloff extended to a sixth day – the longest losing streak since September 2023 – as President Donald Trump boosted tariffs across the world and two days of solid megacap tech earnings failed to lift sentiment. Most Read from Bloomberg The MSCI All Country World Index slid 0.2%. Contracts for…

Asian Stocks Fall, Hong Kong Tech Rally Pulls Back: Markets Wrap

Cs news8 months ago8 months ago08 mins

(Bloomberg) — Equities fell across Asia as concerns over a realignment of US geopolitical priorities weighed on risk sentiment. The yen strengthened. Most Read from Bloomberg A gauge of Asian shares dropped 0.6%, while an index of Chinese technology shares in Hong Kong slumped as much as 3.6% after rallying to a three-year high. Treasuries…